Constellation software inc is a canadabased company that develops and customizes software for public and privatesector markets. Canadas warren buffett, mark leonards constellation software. Constellation software trades on the toronto stock exchange tsx under the ticker symbol csu. View realtime stock prices and stock quotes for a full financial overview. Leonard occupies the position of chairman for emphasys computer solutions, inc. Constellation softwares elusive ceo the globe and mail. Csu is pleased to announce the results of the vote on directors at its may 8, 2020 annual shareholders meeting. Run by founder mark leonard, current president and chairman, it does things a bit differently. Constellation software may have to revisit its retreat into. It uses warren buffettinspired investing principles to acquire smalltomedium sized software companies, with constellation s.
Back in 1995, venture capitalist mark leonard realized the potential of this new business model earlier than most. What constellation does so constellation, they target these vms, vertical market software, and they make really small acquisitions. Constellation software is a constellation of small software companies that are big players in their specific verticals. I have been working at constellation software fulltime for more than 3 years. Stay away from constellation software, this portfolio manager. Constellation software, along with the other 25 canadian capital compounders, have all beaten the market. The company acquires missioncritical, vertical market software companies, and helps them to grow. Constellation software, also known as csi, acquires, manages and builds software businesses. Mark leonards interview with professor joseph nye youtube. Business lessons from mark leonard constellation software. So far this year, less has been more for constellation software inc. Constellation softwares another blowout earnings under mark leonard, the best capital allocator in canada or possibly in the world. Mark henri leonard, founder at constellation software inc. Constellation software keeps investors guessing by eschewing.
Constellation software company profile markets insider. Toronto, april 01, apr 01, 2020 globe newswire via comtex toronto, april 01, 2020 globe newswire. He wont talk to journalists, so we went ahead and found. Constellation software constellation software otcmkts. Cnswf is a mercurial, publicityshy software company run by billionaire mark leonard. It went public in 2006, and now has,000 employees spread over 6 operating segments. I was invited to the fairfax financial holdings shareholders dinner in 2017. The company builds its business through acquisitions. Foy on august 23, 1995 and is headquartered in toronto, canada. Aug 03, 2018 so far this year, less has been more for constellation software inc.
My top tech stock for may is constellation software inc. Constellation software inc is a software holding company. Im kind of in love with mark leonard at the moment. Mark henri leonard founded constellation software, inc. Founded in 1996 by mark leonard, a former venture capitalist, this company discovered a winning. Canadas warren buffett, mark leonards constellation. Its been a fantastic decade for constellation software inc. Constellation s common shares are listed on the toronto stock exchange under the symbol. Constellation software is a no brainer, this fund manager says may 21, 2019 by jayson maclean barry schwartz constellation software constellation software stock. May 21, 2019 constellation software constellation software stock quote, chart tsx. The companys segments include the public sector and the private sector. Constellation software has been one of the best performing stocks in the past decade. You can think of it as a baby berkshire hathaway of software companies but with a very big difference the acquired companies are tiny. Feb 17, 2015 mark leonard s interview with professor joseph nye ecfrtv.
Ceo of constellation software agrees to enter into automatic. Jan 08, 2019 constellation software has been one of the best performing stocks in the past decade. Founded in 1996 by mark leonard, a former venture capitalist, this company discovered a winning formula that has generated immense returns for longterm shareholders. Ceo of constellation software agrees to enter into. Canadas warren buffett, mark leonard s constellation software.
Csu announced today that mark leonard has notified the company that he or entities controlled by him. Stockholders of record on monday, march 16th will be paid a dividend of 1. Less communication, as chief executive mark leonard has decided to abandon his. Constellation software and mty food groups blowout quarter. Constellation software declared a quarterly dividend on thursday, february th.
Recent communication changes make this a trust me stock. Distributed by public, unedited and unaltered, on 07 may 2020 21. Less communication, as chief executive mark leonard has decided to abandon his regular shareholders letters, and his company. Mark leonard biography stock market quotes and news. Constellation software s another blowout earnings under mark leonard, the best capital allocator in canada or possibly in the world. Mark h leonard is chairmanpresidentfounder at constellation software inc. Constellation is trading at valuations not seen in years an. To stock quote, history, news and other vital information to help you with your stock trading and investing. Each of the eleven nominees listed in the corporations management proxy circular dated march 30, 2020 was elected as a director. Stockchase, in its reporting on what has been discussed by individuals on business television programs in particular business news network, neither recommends nor promotes any investment strategies. Mar 16, 2018 constellation softwares system of training managers and sourcing deals seems to be quite hard to imitate, and maybe it will last a while longer than usual. Constellation software is a wellrun company in a canadian tech sector that lacks big name power and any real breadth of companies frankly, it is too small.
Founded by mark leonard nearly 20 years ago, constellation buys vertical market software businesses that have niche products designed for government and privatesector clients. In brief, constellation software is a company fun to analyze and learn from. Csu announced today that mark leonard has notified the company that he or. The company acquires, manages and builds vertical market software vms businesses.
Constellation is a vertically integrated software company where the main growth comes from small acquisitions. He doesnt give interviews, nor will you find a photo of him online. Mark leonard, an englishman and former venture investor, founded constellation software in 1995. With an extraordinary roce and business ecosystem, and a singular management of its business units, constellation has been called as the best company in the world. Leonard worked in the venture capital business for eleven years. Constellation software keeps investors guessing by. Toronto including stock price, stock chart, company news, key statistics, fundamentals and company profile. The company was founded by mark leonard, a former venture capitalist, in 1996. Constellation software may have to revisit its retreat. Founded in 1996 by mark leonard, a former venture capitalist, this company discovered a winning formula that has generated immense. Prior to assuming this role, he has served in a number of senior executive roles within jonas and constellation including vice president of finance for constellation reporting to the chief financial officer. Constellation software takeaways from mark leonards.
Constellation software was founded by mark henri leonard and james d. The company do pretty well on stock exchange managers and accountants get promoted easily growning business buying small it companies. Stock constellation software stock price today markets. It went public on toronto stock exchange in 2006 and the share priced has witnessed a spectacular 43% cagr since the then. Shopify shop stock isnt canadas onlytech opportunity. Constellation software related stocks constellation software. Stock analysis for constellation software inccanada csu. Anyway, constellation software just released its q3 earnings an hour ago. The firm acquires, manages, and builds verticalspecific businesses. Constellation software acquires, manages and builds vertical market software businesses. Brian madden, portfolio manager at goodreid investment counsel with the share price for constellation software constellation software stock quote, chart tsx. The marketwatch news department was not involved in the creation of the content.
I have been working at constellation software fulltime for more than a year. Constellation software is a no brainer, this fund manager says. Constellation software keeps investors guessing by eschewing conference call stefanie marotta, bloomberg news a computer monitor displays data on the temperature, fan speed and hash rate of graphics processing units as they mine cryptocurrency pools for electroneum in budapest, hungary, on wednesday, jan. The company was founded by mark leonard, a former venture capitalist, in 1995. Apr 07, 2018 the globe and mail describes part of what leonard has accomplished at constellation software.
Barrons also provides information on historical stock ratings, target prices, company earnings, market valuation. Final voting results on all matters voted on at the annual meeting held earlier today will be filed with the canadian securities regulators. Constellation software declared a quarterly dividend on friday, august 2nd. Mark leonard is chairman of canadian tech company constellation software, which he founded in 1995. Toronto stock quote constellation software inccanada. May 15, 2019 why constellation software is a top 25 dividend stock csu the report noted that among the coverage universe, csu shares displayed both attractive valuation metrics and strong profitability metrics. Investors of record on monday, september 16th will be given a dividend of 1. Mark leonard s interview with professor joseph nye ecfrtv. Constellation software announces a change to its board of.
Toronto, april 01, apr 01, 2020 globe newswire via comtex toronto, april 01, 2020 globe newswire meredith. Constellation software is a diversified software company. Nov 05, 2018 constellation software is a wellrun company in a canadian tech sector that lacks big name power and any real breadth of companies frankly, it is too small. Csu shareholders, and many investors havent been paying attention because the company leads such a low profile led by ceo mark leonard, constellation has a simple yet powerful strategy. View todays stock price, news and analysis for constellation software inc. I just love all three of them and personally have huge respect for each man. The curious case of constellation software otcmkts.
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